ELON MUSK, TWITTER and DOGE
Hello Everyone,
The news that Elon Musk has made an official offer to buy out Twitter has everyone buzzing and it certainly is entertaining. If you haven't been following along, last week Elon bought roughly 9 percent of Twitter's shares and made a lot of "Free Speech" tweets and other criticisms on the platform.
Associated Press
After buying the largest private stake in the company, Elon was offered a board seat and seemed to accept it. Twitter employees and the Extreme Progressives were freaking out and by their own reporting were so stressed they needed mental health breaks. (lol) After a couple of days, Elon and Twitter's CEO, Parag Agrawal announced that Elon would not be joining the board after all. Many correctly speculated Elon wouldn't have enough power to change Twitter if he were bound by the stake limitations of being on the board.
In today's episode of Social Media Wars, Elon has made a $43 Billion offer to buy out Twitter entirely and take it private. He’s offering $54.20 per share in cash. The proposal was delivered in a letter to Twitter on April 13th, Musk stated that the company must go private to make necessary changes.
His letter also included a bit of a threat or what I would call a carrot and a stick..
He suggests he would sell his current holding if the offer is not accepted.
Who knows if this is all a PR Stunt or if the offer will be accepted, but if it is I can only imagine Elon will have a plan to incorporate DOGE into Twitter somehow, while trying to restore Free Speech. source
Whether or not the deal happens, the speculation process will send money flying around and to attempt to take advantage of the attention this is getting I bought some DOGE this morning and have my popcorn ready to watch this play out.
On a personal note, I think rational debate of any topic is a better and more intelligent path than trying to suppress opinions and unpopular views, so I am hoping to see that conversation take a front seat on Twitter and also on Hive. Please don't give me any bs about unpopular posts being in the blockchain, that is the most obtuse line I've ever heard. The point of communication is to debate and both sides come to a better understanding and you don't get there from "hiding" information in a blockchain.
What are your thoughts on Twitter, Doge and Elon? How do you think it plays out?
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